Sample Problems for Hypothesis Test
|
|
- Evangeline Norman
- 7 years ago
- Views:
Transcription
1 Sample Problems for Hypothesis Test 1. The Bureau of Labor Statistics reported that the average yearly income of dentists in the year 2012 was $110,000. A sample of 81 dentists, which was taken in 2013, showed an average yearly income of $120,000. Assume the standard deviation of the population of dentists s incomes in 2013 is $36,000. a. We want to test to determine if there has been a significant increase in the average yearly income of dentists. Provide the null and the alternative hypotheses. c. Determine the p-value; and at 95% confidence, test the hypotheses. a. H o : $110,000 H a : $110,000 b. Z = 2.5 c. p-value = Since the p-value = , reject H o. Therefore, there has been a significant increase. 2. A tire manufacturer has been producing tires with an average life expectancy of 26,000 miles. Now the company is advertising that its new tires' life expectancy has increased. In order to test the legitimacy of the advertising campaign, an independent testing agency tested a sample of 6 of their tires and has provided the following data. Life Expectancy (In Thousands of Miles) a. Determine the mean and the standard deviation. b. Test to determine whether or not the tire company is using legitimate advertising. Assume the population is normally distributed. Use α = a. = 27, s = 1.67 b. H o : < H a : > Do not reject H o p-value 0.1; do not reject H o and conclude that there is insufficient evidence to support the manufacturer's claim.
2 3. A producer of various kinds of batteries has been producing "D" size batteries with a life expectancy of 87 hours. Due to an improved production process, management believes that there has been an increase in the life expectancy of their "D" size batteries. A sample of 36 batteries showed an average life of 88.5 hours. Assume from past information that it is known that the standard deviation of the population is 9 hours. a. Give the null and the alternative hypotheses. c. At 99% confidence using the critical value approach, test management's belief. d. What is the p-value associated with the sample results? What is your conclusion based on the p-value? a. H o : < 87 H a : > 87 b c. Since Z = 1 < 2.33, do not reject H o and conclude that there is insufficient evidence to support the corporation's claim. d. p-value > ; therefore do not reject H o 4. In the past, the average age of employees of a large corporation has been 40 years. Recently, the company has been hiring older individuals. In order to determine whether there has been an increase in the average age of all the employees, a sample of 64 employees was selected. The average age in the sample was 45 years with a standard deviation of 16 years. Let =.05. a. State the null and the alternative hypotheses. c. Using the p-value approach, test to determine whether or not the mean age of all employees is significantly more than 40 years. a. H 0 : 40 H a : > 40 b. Z = 2.5 c. p-value (.025) < 0.05; reject H 0
3 5. The average gasoline price of one of the major oil companies has been $2.20 per gallon. Because of cost reduction measures, it is believed that there has been a significant reduction in the average price. In order to test this belief, we randomly selected a sample of 36 of the company's gas stations and determined that the average price for the stations in the sample was $2.14. Assume that the standard deviation of the population ( ) is $0.12. a. State the null and the alternative hypotheses. c. What is the p-value associated with the above sample results? d. At 95% confidence, test the company's claim. a. H 0 : 2.20 H a : < 2.20 b. Z = -3 c. p-value = almost zero (0.0013) d. p-value <.05; reject H 0 ; the average price has been reduced. 6. A sample of 81 account balances of a credit company showed an average balance of $1,200 with a standard deviation of $126. a. Formulate the hypotheses that can be used to determine whether the mean of all account balances is significantly different from $1,150. c. Using the p-value approach, what is your conclusion? Let =.05. a. H 0 : = 1150 H a : 1150 b. Z = 3.57 c. p-value (almost zero) <.005; therefore, reject H 0 7. From a population of cans of coffee marked "12 ounces," a sample of 50 cans was selected and the contents of each can were weighed. The sample revealed a mean of 11.8 ounces with a standard deviation of 0.5 ounces. a. Formulate the hypotheses to test to see if the mean of the population is at least 12 ounces. c. Using the p-value approach, what is your conclusion? Let =.05.
4 a. H 0 : 12 H a : < 12 b. Z = c. p-value (.0023) <.005; therefore, reject H 0 8. A lathe is set to cut bars of steel into lengths of 6 centimeters. The lathe is considered to be in perfect adjustment if the average length of the bars it cuts is 6 centimeters. A sample of 121 bars is selected randomly and measured. It is determined that the average length of the bars in the sample is 6.08 centimeters with a standard deviation of 0.44 centimeters. a. Formulate the hypotheses to determine whether or not the lathe is in perfect adjustment. c. Using the p-value approach, what is your conclusion? Let =.05. a. H 0 : = 6 H a : 6 b. Z = 2 c. p-value (.046) ; therefore, reject H 0 9. Ahmadi, Inc. has been manufacturing small automobiles that have averaged 50 miles per gallon of gasoline in highway driving. The company has developed a more efficient engine for its small cars and now advertises that its new small cars average more than 50 miles per gallon in highway driving. An independent testing service road-tested 64 of the automobiles. The sample showed an average of 51.5 miles per gallon with a standard deviation of 4 miles per gallon. a. Formulate the hypotheses to determine whether or not the manufacturer's advertising campaign is legitimate. c. What is the p-value associated with the sample results and what is your conclusion? Let =.05. a. H 0 : 50 H a : > 50 b. z = 3 c. p-value (.0013) is less than.05; reject H 0
5 10. "D" size batteries produced by MNM Corporation have had a life expectancy of 87 hours. Because of an improved production process, it is believed that there has been an increase in the life expectancy of its "D" size batteries. A sample of 36 batteries showed an average life of 88.5 hours. Assume from past information that it is known that the standard deviation of the population is 9 hours. a. Formulate the hypotheses for this problem. c. What is the p-value associated with the sample results? What is your conclusion based on the p-value? Let =.05. a. H 0 : 87 H a : > 87 b. Z = 1 c. p-value = ; therefore, do not reject H At a local university, a sample of 49 evening students was selected in order to determine whether the average age of the evening students is significantly different from 21. The average age of the students in the sample was 23 with a standard deviation of 3.5. a. Formulate the hypotheses for this problem. c. Determine the p-value and test these hypotheses. Let =.05. a. H 0 : = 21 H a : 21 b. z = 4 c. p-value is almost zero; therefore, reject H In order to determine the average price of hotel rooms in Atlanta, a sample of 64 hotels was selected. It was determined that the average price of the rooms in the sample was $ with a standard deviation of $16. a. Formulate the hypotheses to determine whether or not the average room price is significantly different from $112. c. Test the hypotheses. Let = a. H 0 : = 112 H a : 112
6 b. z = c. p-value is 0.08; therefore, do not reject H 0
Module 2 Probability and Statistics
Module 2 Probability and Statistics BASIC CONCEPTS Multiple Choice Identify the choice that best completes the statement or answers the question. 1. The standard deviation of a standard normal distribution
More informationBusiness Statistics, 9e (Groebner/Shannon/Fry) Chapter 9 Introduction to Hypothesis Testing
Business Statistics, 9e (Groebner/Shannon/Fry) Chapter 9 Introduction to Hypothesis Testing 1) Hypothesis testing and confidence interval estimation are essentially two totally different statistical procedures
More informationAnswers: a. 87.5325 to 92.4675 b. 87.06 to 92.94
1. The average monthly electric bill of a random sample of 256 residents of a city is $90 with a standard deviation of $24. a. Construct a 90% confidence interval for the mean monthly electric bills of
More informationBA 275 Review Problems - Week 5 (10/23/06-10/27/06) CD Lessons: 48, 49, 50, 51, 52 Textbook: pp. 380-394
BA 275 Review Problems - Week 5 (10/23/06-10/27/06) CD Lessons: 48, 49, 50, 51, 52 Textbook: pp. 380-394 1. Does vigorous exercise affect concentration? In general, the time needed for people to complete
More informationHypothesis Testing --- One Mean
Hypothesis Testing --- One Mean A hypothesis is simply a statement that something is true. Typically, there are two hypotheses in a hypothesis test: the null, and the alternative. Null Hypothesis The hypothesis
More information1. What is the critical value for this 95% confidence interval? CV = z.025 = invnorm(0.025) = 1.96
1 Final Review 2 Review 2.1 CI 1-propZint Scenario 1 A TV manufacturer claims in its warranty brochure that in the past not more than 10 percent of its TV sets needed any repair during the first two years
More informationMULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
STT315 Practice Ch 5-7 MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. Solve the problem. 1) The length of time a traffic signal stays green (nicknamed
More informationA) 0.1554 B) 0.0557 C) 0.0750 D) 0.0777
Math 210 - Exam 4 - Sample Exam 1) What is the p-value for testing H1: µ < 90 if the test statistic is t=-1.592 and n=8? A) 0.1554 B) 0.0557 C) 0.0750 D) 0.0777 2) The owner of a football team claims that
More information8 6 X 2 Test for a Variance or Standard Deviation
Section 8 6 x 2 Test for a Variance or Standard Deviation 437 This test uses the P-value method. Therefore, it is not necessary to enter a significance level. 1. Select MegaStat>Hypothesis Tests>Proportion
More informationHypothesis Test for Mean Using Given Data (Standard Deviation Known-z-test)
Hypothesis Test for Mean Using Given Data (Standard Deviation Known-z-test) A hypothesis test is conducted when trying to find out if a claim is true or not. And if the claim is true, is it significant.
More informationUnit 31 A Hypothesis Test about Correlation and Slope in a Simple Linear Regression
Unit 31 A Hypothesis Test about Correlation and Slope in a Simple Linear Regression Objectives: To perform a hypothesis test concerning the slope of a least squares line To recognize that testing for a
More informationName: (b) Find the minimum sample size you should use in order for your estimate to be within 0.03 of p when the confidence level is 95%.
Chapter 7-8 Exam Name: Answer the questions in the spaces provided. If you run out of room, show your work on a separate paper clearly numbered and attached to this exam. Please indicate which program
More informationChapter 8 Hypothesis Testing Chapter 8 Hypothesis Testing 8-1 Overview 8-2 Basics of Hypothesis Testing
Chapter 8 Hypothesis Testing 1 Chapter 8 Hypothesis Testing 8-1 Overview 8-2 Basics of Hypothesis Testing 8-3 Testing a Claim About a Proportion 8-5 Testing a Claim About a Mean: s Not Known 8-6 Testing
More informationMath 251, Review Questions for Test 3 Rough Answers
Math 251, Review Questions for Test 3 Rough Answers 1. (Review of some terminology from Section 7.1) In a state with 459,341 voters, a poll of 2300 voters finds that 45 percent support the Republican candidate,
More informationChapter Study Guide. Chapter 11 Confidence Intervals and Hypothesis Testing for Means
OPRE504 Chapter Study Guide Chapter 11 Confidence Intervals and Hypothesis Testing for Means I. Calculate Probability for A Sample Mean When Population σ Is Known 1. First of all, we need to find out the
More informationIntroduction. Statistics Toolbox
Introduction A hypothesis test is a procedure for determining if an assertion about a characteristic of a population is reasonable. For example, suppose that someone says that the average price of a gallon
More informationStatistics 100 Sample Final Questions (Note: These are mostly multiple choice, for extra practice. Your Final Exam will NOT have any multiple choice!
Statistics 100 Sample Final Questions (Note: These are mostly multiple choice, for extra practice. Your Final Exam will NOT have any multiple choice!) Part A - Multiple Choice Indicate the best choice
More informationPractice Problems and Exams
Practice Problems and Exams 1 The Islamic University of Gaza Faculty of Commerce Department of Economics and Political Sciences An Introduction to Statistics Course (ECOE 1302) Spring Semester 2009-2010
More informationHypothesis testing - Steps
Hypothesis testing - Steps Steps to do a two-tailed test of the hypothesis that β 1 0: 1. Set up the hypotheses: H 0 : β 1 = 0 H a : β 1 0. 2. Compute the test statistic: t = b 1 0 Std. error of b 1 =
More informationMULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
Final Exam Review MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) A researcher for an airline interviews all of the passengers on five randomly
More informationUnit 26 Estimation with Confidence Intervals
Unit 26 Estimation with Confidence Intervals Objectives: To see how confidence intervals are used to estimate a population proportion, a population mean, a difference in population proportions, or a difference
More informationRegression Analysis: A Complete Example
Regression Analysis: A Complete Example This section works out an example that includes all the topics we have discussed so far in this chapter. A complete example of regression analysis. PhotoDisc, Inc./Getty
More informationMULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
Sample Practice problems - chapter 12-1 and 2 proportions for inference - Z Distributions Name MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. Provide
More information12.5: CHI-SQUARE GOODNESS OF FIT TESTS
125: Chi-Square Goodness of Fit Tests CD12-1 125: CHI-SQUARE GOODNESS OF FIT TESTS In this section, the χ 2 distribution is used for testing the goodness of fit of a set of data to a specific probability
More informationPremaster Statistics Tutorial 4 Full solutions
Premaster Statistics Tutorial 4 Full solutions Regression analysis Q1 (based on Doane & Seward, 4/E, 12.7) a. Interpret the slope of the fitted regression = 125,000 + 150. b. What is the prediction for
More information5/31/2013. Chapter 8 Hypothesis Testing. Hypothesis Testing. Hypothesis Testing. Outline. Objectives. Objectives
C H 8A P T E R Outline 8 1 Steps in Traditional Method 8 2 z Test for a Mean 8 3 t Test for a Mean 8 4 z Test for a Proportion 8 6 Confidence Intervals and Copyright 2013 The McGraw Hill Companies, Inc.
More informationStatistics 2014 Scoring Guidelines
AP Statistics 2014 Scoring Guidelines College Board, Advanced Placement Program, AP, AP Central, and the acorn logo are registered trademarks of the College Board. AP Central is the official online home
More informationPractice Midterm Exam #2
The Islamic University of Gaza Faculty of Engineering Department of Civil Engineering 12/12/2009 Statistics and Probability for Engineering Applications 9.2 X is a binomial random variable, show that (
More informationDawson College - Fall 2004 Mathematics Department
Dawson College - Fall 2004 Mathematics Department Final Examination Statistics (201-257-DW) No. Score Out of 1 8 2 10 3 8 Date: Thursday, December 16, 2004 Time: 9:30 12:30 Instructors: Kourosh A. Zarabi
More informationFor more information, please contact the Treasury Management Division at (501) 371-4567.
If you are considering a move to Little Rock or have been a resident for a short time, you may have questions about Little Rock s tax rates. The following information includes a summary of various state
More information22. HYPOTHESIS TESTING
22. HYPOTHESIS TESTING Often, we need to make decisions based on incomplete information. Do the data support some belief ( hypothesis ) about the value of a population parameter? Is OJ Simpson guilty?
More informationAugust 2012 EXAMINATIONS Solution Part I
August 01 EXAMINATIONS Solution Part I (1) In a random sample of 600 eligible voters, the probability that less than 38% will be in favour of this policy is closest to (B) () In a large random sample,
More informationAn Introduction to Statistics Course (ECOE 1302) Spring Semester 2011 Chapter 10- TWO-SAMPLE TESTS
The Islamic University of Gaza Faculty of Commerce Department of Economics and Political Sciences An Introduction to Statistics Course (ECOE 130) Spring Semester 011 Chapter 10- TWO-SAMPLE TESTS Practice
More informationPart 3. Comparing Groups. Chapter 7 Comparing Paired Groups 189. Chapter 8 Comparing Two Independent Groups 217
Part 3 Comparing Groups Chapter 7 Comparing Paired Groups 189 Chapter 8 Comparing Two Independent Groups 217 Chapter 9 Comparing More Than Two Groups 257 188 Elementary Statistics Using SAS Chapter 7 Comparing
More informationHypothesis Testing. Steps for a hypothesis test:
Hypothesis Testing Steps for a hypothesis test: 1. State the claim H 0 and the alternative, H a 2. Choose a significance level or use the given one. 3. Draw the sampling distribution based on the assumption
More informationRecall this chart that showed how most of our course would be organized:
Chapter 4 One-Way ANOVA Recall this chart that showed how most of our course would be organized: Explanatory Variable(s) Response Variable Methods Categorical Categorical Contingency Tables Categorical
More informationStatistical tests for SPSS
Statistical tests for SPSS Paolo Coletti A.Y. 2010/11 Free University of Bolzano Bozen Premise This book is a very quick, rough and fast description of statistical tests and their usage. It is explicitly
More informationDifference of Means and ANOVA Problems
Difference of Means and Problems Dr. Tom Ilvento FREC 408 Accounting Firm Study An accounting firm specializes in auditing the financial records of large firm It is interested in evaluating its fee structure,particularly
More informationLinear Models in STATA and ANOVA
Session 4 Linear Models in STATA and ANOVA Page Strengths of Linear Relationships 4-2 A Note on Non-Linear Relationships 4-4 Multiple Linear Regression 4-5 Removal of Variables 4-8 Independent Samples
More informationHomework 1 1. Calculus. Homework 1 Due Date: September 26 (Wednesday) 60 1.75x 220 270 160 x 280. R = 115.95x. C = 95x + 750.
Homework 1 1 Calculus Homework 1 Due Date: September 26 (Wednesday) 1. A doughnut shop sells a dozen doughnuts for $4.50. Beyond the fixed cost of $220 per day, it costs $2.75 for enough materials and
More informationChapter 8: Hypothesis Testing for One Population Mean, Variance, and Proportion
Chapter 8: Hypothesis Testing for One Population Mean, Variance, and Proportion Learning Objectives Upon successful completion of Chapter 8, you will be able to: Understand terms. State the null and alternative
More informationTesting a claim about a population mean
Introductory Statistics Lectures Testing a claim about a population mean One sample hypothesis test of the mean Department of Mathematics Pima Community College Redistribution of this material is prohibited
More informationSTAT 350 Practice Final Exam Solution (Spring 2015)
PART 1: Multiple Choice Questions: 1) A study was conducted to compare five different training programs for improving endurance. Forty subjects were randomly divided into five groups of eight subjects
More informationIntroduction to Hypothesis Testing. Hypothesis Testing. Step 1: State the Hypotheses
Introduction to Hypothesis Testing 1 Hypothesis Testing A hypothesis test is a statistical procedure that uses sample data to evaluate a hypothesis about a population Hypothesis is stated in terms of the
More informationIndependent t- Test (Comparing Two Means)
Independent t- Test (Comparing Two Means) The objectives of this lesson are to learn: the definition/purpose of independent t-test when to use the independent t-test the use of SPSS to complete an independent
More informationNew Car $16,000 5 yr. payments Car note 266.70/month. New Car $30,000 5 yr. payments Car note $500./month Car insurance $250/month Gasoline $75/week
Gasoline $75/week Car insurance $250/month Gasoline $75/week Car insurance $250/month Car insurance $250/month Gasoline $90/week Gasoline $60/week Car insurance $80/month Car insurance $250/month Car insurance
More informationUniversity of Chicago Graduate School of Business. Business 41000: Business Statistics
Name: University of Chicago Graduate School of Business Business 41000: Business Statistics Special Notes: 1. This is a closed-book exam. You may use an 8 11 piece of paper for the formulas. 2. Throughout
More informationRatios and Proportional Relationships: Lessons 1-6
Unit 7-1 Lesson 1-6 Ratios and Proportional Relationships: Lessons 1-6 Name Date Classwork Book Math 7: Mr. Sanford Lessons 1-6: Proportional Relationship Lesson 1-1 Lesson 1: An Experience in Relationships
More informationLesson 1: Comparison of Population Means Part c: Comparison of Two- Means
Lesson : Comparison of Population Means Part c: Comparison of Two- Means Welcome to lesson c. This third lesson of lesson will discuss hypothesis testing for two independent means. Steps in Hypothesis
More informationAre we being asked to pay enough to support our national highway and transit network?
Are we being asked to pay enough to support our national highway and transit network? Highlights: Last year, the average American driver traveled 11,400 miles in their car or light truck, bought 529 gallons
More informationt Tests in Excel The Excel Statistical Master By Mark Harmon Copyright 2011 Mark Harmon
t-tests in Excel By Mark Harmon Copyright 2011 Mark Harmon No part of this publication may be reproduced or distributed without the express permission of the author. mark@excelmasterseries.com www.excelmasterseries.com
More informationGood luck! BUSINESS STATISTICS FINAL EXAM INSTRUCTIONS. Name:
Glo bal Leadership M BA BUSINESS STATISTICS FINAL EXAM Name: INSTRUCTIONS 1. Do not open this exam until instructed to do so. 2. Be sure to fill in your name before starting the exam. 3. You have two hours
More informationGeneral Method: Difference of Means. 3. Calculate df: either Welch-Satterthwaite formula or simpler df = min(n 1, n 2 ) 1.
General Method: Difference of Means 1. Calculate x 1, x 2, SE 1, SE 2. 2. Combined SE = SE1 2 + SE2 2. ASSUMES INDEPENDENT SAMPLES. 3. Calculate df: either Welch-Satterthwaite formula or simpler df = min(n
More informationStat 411/511 THE RANDOMIZATION TEST. Charlotte Wickham. stat511.cwick.co.nz. Oct 16 2015
Stat 411/511 THE RANDOMIZATION TEST Oct 16 2015 Charlotte Wickham stat511.cwick.co.nz Today Review randomization model Conduct randomization test What about CIs? Using a t-distribution as an approximation
More informationHYPOTHESIS TESTING WITH SPSS:
HYPOTHESIS TESTING WITH SPSS: A NON-STATISTICIAN S GUIDE & TUTORIAL by Dr. Jim Mirabella SPSS 14.0 screenshots reprinted with permission from SPSS Inc. Published June 2006 Copyright Dr. Jim Mirabella CHAPTER
More informationChapter 2 Probability Topics SPSS T tests
Chapter 2 Probability Topics SPSS T tests Data file used: gss.sav In the lecture about chapter 2, only the One-Sample T test has been explained. In this handout, we also give the SPSS methods to perform
More informationBA 275 Review Problems - Week 6 (10/30/06-11/3/06) CD Lessons: 53, 54, 55, 56 Textbook: pp. 394-398, 404-408, 410-420
BA 275 Review Problems - Week 6 (10/30/06-11/3/06) CD Lessons: 53, 54, 55, 56 Textbook: pp. 394-398, 404-408, 410-420 1. Which of the following will increase the value of the power in a statistical test
More informationOne basic concept in math is that if we multiply a number by 1, the result is equal to the original number. For example,
MA 35 Lecture - Introduction to Unit Conversions Tuesday, March 24, 205. Objectives: Introduce the concept of doing algebra on units. One basic concept in math is that if we multiply a number by, the result
More informationName: Date: Use the following to answer questions 3-4:
Name: Date: 1. Determine whether each of the following statements is true or false. A) The margin of error for a 95% confidence interval for the mean increases as the sample size increases. B) The margin
More informationFUEL ECONOMY STUDY. Comparing Performance and Cost of Various Ethanol Blends and Standard Unleaded Gasoline. American Coalition for Ethanol
American Coalition for Ethanol American Coalition for Ethanol Phone 605 334 3381 2500 S Minnesota Avenue, Suite 200 Fax 605 334 3389 Sioux Falls, SD 57105 Web: www.ethanol.org FUEL ECONOMY STUDY Comparing
More informationStatistical Testing of Randomness Masaryk University in Brno Faculty of Informatics
Statistical Testing of Randomness Masaryk University in Brno Faculty of Informatics Jan Krhovják Basic Idea Behind the Statistical Tests Generated random sequences properties as sample drawn from uniform/rectangular
More informationAut o m o t i v e Ex p e n s e s
15 Chapter 3 Aut o m o t i v e Ex p e n s e s Think Safety Budgeting for routine maintenance is important to your safety. Potentially hazardous situations can be avoided by doing maintenance on your vehicle
More informationModel S 60 Purchase Comparison
Model S 60 Purchase Comparison Tesla S 60kWh Acura RLX BMW 535i Purchase Price 78,070 55,345 61,125 WA sales tax 0 5,258 5,807 Electricity (annual) 377 0 0 Gasoline (annual) 0 2,246 2,246 12-year total
More informationReview #2. Statistics
Review #2 Statistics Find the mean of the given probability distribution. 1) x P(x) 0 0.19 1 0.37 2 0.16 3 0.26 4 0.02 A) 1.64 B) 1.45 C) 1.55 D) 1.74 2) The number of golf balls ordered by customers of
More informationCHAPTER 11 CHI-SQUARE AND F DISTRIBUTIONS
CHAPTER 11 CHI-SQUARE AND F DISTRIBUTIONS CHI-SQUARE TESTS OF INDEPENDENCE (SECTION 11.1 OF UNDERSTANDABLE STATISTICS) In chi-square tests of independence we use the hypotheses. H0: The variables are independent
More informationStudent Activities. Lesson Nine. Cars and Loans 04/09
Student Activities $ Lesson Nine Cars and Loans 04/09 operating costs of a motor vehicle model year make, size, model fixed costs Depreciation: Purchase price $ divided by estimated life years $ Annual
More informationYour Driving Costs. How much are you really paying to drive? Behind the Numbers
Behind the Numbers AAA is a federation of motor clubs serving more than 49 million members in the United States and Canada through more than 1,100 offices. Founded in 1902, AAA is a not-for-profit, fully
More informationIB Practice Chi Squared Test of Independence
1. A university required all Science students to study one language for one year. A survey was carried out at the university amongst the 150 Science students. These students all studied one of either French,
More informationReducing America s Dependence on Foreign Oil Supplies. Martin Feldstein *
Reducing America s Dependence on Foreign Oil Supplies Martin Feldstein * The United States now imports nearly 60 percent of the oil that we consume. This dependence on foreign supplies makes us vulnerable
More information3. George W. Bush is the current U.S. President. This is an example of a: A. Normative statement B. Positive statement
Econ 3144 Fall 2006 Test 1 Dr. Rupp Name Sign Pledge I have neither given nor received aid on this exam Multiple Choice Questions (3 points each) 1. What you give up to obtain an item is called your A.
More informationMULTIPLE REGRESSION ANALYSIS OF MAIN ECONOMIC INDICATORS IN TOURISM. R, analysis of variance, Student test, multivariate analysis
Journal of tourism [No. 8] MULTIPLE REGRESSION ANALYSIS OF MAIN ECONOMIC INDICATORS IN TOURISM Assistant Ph.D. Erika KULCSÁR Babeş Bolyai University of Cluj Napoca, Romania Abstract This paper analysis
More informationAN ANALYSIS OF INSURANCE COMPLAINT RATIOS
AN ANALYSIS OF INSURANCE COMPLAINT RATIOS Richard L. Morris, College of Business, Winthrop University, Rock Hill, SC 29733, (803) 323-2684, morrisr@winthrop.edu, Glenn L. Wood, College of Business, Winthrop
More information#1 Automobile Problems (answer key at end)
#1 Automobile Problems (answer key at end) 1. A car is traveling at 60 mph and is tailgating another car at distance of only 30 ft. If the reaction time of the tailgater is 0.5 seconds (time between seeing
More informationTechnical Information
Technical Information Trials The questions for Progress Test in English (PTE) were developed by English subject experts at the National Foundation for Educational Research. For each test level of the paper
More informationOnline 12 - Sections 9.1 and 9.2-Doug Ensley
Student: Date: Instructor: Doug Ensley Course: MAT117 01 Applied Statistics - Ensley Assignment: Online 12 - Sections 9.1 and 9.2 1. Does a P-value of 0.001 give strong evidence or not especially strong
More informationSolution of Economics HW2 Fall Term 2014 Answer:
Solution of Economics HW2 Fall Term 2014 1. Consider the market for minivans. For each of the event listed here, identify which of the determinants of demand or supply are affected. Also indicate whether
More informationESL EXIT TEST READING WORKSHOP. 100 and 200 Levels
ESL EXIT TEST READING WORKSHOP 100 and 200 Levels Reading Section: Basics 1. ACT Test 2. Standard American English 3. Assess skills related to Referring and Reasoning a. Referring means you answer questions
More informationMONT 107N Understanding Randomness Solutions For Final Examination May 11, 2010
MONT 07N Understanding Randomness Solutions For Final Examination May, 00 Short Answer (a) (0) How are the EV and SE for the sum of n draws with replacement from a box computed? Solution: The EV is n times
More informationFactors affecting online sales
Factors affecting online sales Table of contents Summary... 1 Research questions... 1 The dataset... 2 Descriptive statistics: The exploratory stage... 3 Confidence intervals... 4 Hypothesis tests... 4
More informationIdentifying Relevant Costs
Relevant Costs for Decision Making Identifying Relevant Costs A relevant cost is a cost that differs between alternatives. An avoidable cost can be eliminated, in whole or in part, by choosing one alternative
More informationReview for Test 2. Chapters 4, 5 and 6
Review for Test 2 Chapters 4, 5 and 6 1. You roll a fair six-sided die. Find the probability of each event: a. Event A: rolling a 3 1/6 b. Event B: rolling a 7 0 c. Event C: rolling a number less than
More informationComparing Multiple Proportions, Test of Independence and Goodness of Fit
Comparing Multiple Proportions, Test of Independence and Goodness of Fit Content Testing the Equality of Population Proportions for Three or More Populations Test of Independence Goodness of Fit Test 2
More informationSolución del Examen Tipo: 1
Solución del Examen Tipo: 1 Universidad Carlos III de Madrid ECONOMETRICS Academic year 2009/10 FINAL EXAM May 17, 2010 DURATION: 2 HOURS 1. Assume that model (III) verifies the assumptions of the classical
More informationLAB 4 INSTRUCTIONS CONFIDENCE INTERVALS AND HYPOTHESIS TESTING
LAB 4 INSTRUCTIONS CONFIDENCE INTERVALS AND HYPOTHESIS TESTING In this lab you will explore the concept of a confidence interval and hypothesis testing through a simulation problem in engineering setting.
More information3. There are three senior citizens in a room, ages 68, 70, and 72. If a seventy-year-old person enters the room, the
TMTA Statistics Exam 2011 1. Last month, the mean and standard deviation of the paychecks of 10 employees of a small company were $1250 and $150, respectively. This month, each one of the 10 employees
More informationStudent Activities. Lesson Nine. Cars and Loans. Practical_Money Skills for Life 04/09
Student Activities Lesson Nine Cars and Loans Practical_Money Skills for Life 04/09 name: operating costs of a motor vehicle model year make, size, model fixed costs Depreciation: Purchase price $ divided
More informationChapter 8 Section 1. Homework A
Chapter 8 Section 1 Homework A 8.7 Can we use the large-sample confidence interval? In each of the following circumstances state whether you would use the large-sample confidence interval. The variable
More informationpublic support for climate and energy policies in november 2011
public support for climate and energy policies in november 2011 Climate Change in the American Mind: Public Support for Climate & Energy Policies in November 2011 Interview dates: October 20, 2011 November
More informationStatistics I for QBIC. Contents and Objectives. Chapters 1 7. Revised: August 2013
Statistics I for QBIC Text Book: Biostatistics, 10 th edition, by Daniel & Cross Contents and Objectives Chapters 1 7 Revised: August 2013 Chapter 1: Nature of Statistics (sections 1.1-1.6) Objectives
More informationIn the past, the increase in the price of gasoline could be attributed to major national or global
Chapter 7 Testing Hypotheses Chapter Learning Objectives Understanding the assumptions of statistical hypothesis testing Defining and applying the components in hypothesis testing: the research and null
More informationThe Chi-Square Test. STAT E-50 Introduction to Statistics
STAT -50 Introduction to Statistics The Chi-Square Test The Chi-square test is a nonparametric test that is used to compare experimental results with theoretical models. That is, we will be comparing observed
More informationCHAPTER 5 COMPARISON OF DIFFERENT TYPE OF ONLINE ADVERTSIEMENTS. Table: 8 Perceived Usefulness of Different Advertisement Types
CHAPTER 5 COMPARISON OF DIFFERENT TYPE OF ONLINE ADVERTSIEMENTS 5.1 Descriptive Analysis- Part 3 of Questionnaire Table 8 shows the descriptive statistics of Perceived Usefulness of Banner Ads. The results
More informationPractice problems for Homework 12 - confidence intervals and hypothesis testing. Open the Homework Assignment 12 and solve the problems.
Practice problems for Homework 1 - confidence intervals and hypothesis testing. Read sections 10..3 and 10.3 of the text. Solve the practice problems below. Open the Homework Assignment 1 and solve the
More informationHypothesis Testing. Reminder of Inferential Statistics. Hypothesis Testing: Introduction
Hypothesis Testing PSY 360 Introduction to Statistics for the Behavioral Sciences Reminder of Inferential Statistics All inferential statistics have the following in common: Use of some descriptive statistic
More informationTHE UNIVERSITY OF CHICAGO, Booth School of Business Business 41202, Spring Quarter 2014, Mr. Ruey S. Tsay. Solutions to Homework Assignment #2
THE UNIVERSITY OF CHICAGO, Booth School of Business Business 41202, Spring Quarter 2014, Mr. Ruey S. Tsay Solutions to Homework Assignment #2 Assignment: 1. Consumer Sentiment of the University of Michigan.
More informationHOW MUCH WILL I SPEND ON GAS?
HOW MUCH WILL I SPEND ON GAS? Outcome (lesson objective) The students will use the current and future price of gasoline to construct T-charts, write algebraic equations, and plot the equations on a graph.
More informationNon-Parametric Tests (I)
Lecture 5: Non-Parametric Tests (I) KimHuat LIM lim@stats.ox.ac.uk http://www.stats.ox.ac.uk/~lim/teaching.html Slide 1 5.1 Outline (i) Overview of Distribution-Free Tests (ii) Median Test for Two Independent
More informationAbstract. In this paper, we attempt to establish a relationship between oil prices and the supply of
The Effect of Oil Prices on the Domestic Supply of Corn: An Econometric Analysis Daniel Blanchard, Saloni Sharma, Abbas Raza April 2015 Georgia Institute of Technology Abstract In this paper, we attempt
More informationActivity- The Energy Choices Game
Activity- The Energy Choices Game Purpose Energy is a critical resource that is used in all aspects of our daily lives. The world s supply of nonrenewable resources is limited and our continued use of
More informationSCHOOL OF HEALTH AND HUMAN SCIENCES DON T FORGET TO RECODE YOUR MISSING VALUES
SCHOOL OF HEALTH AND HUMAN SCIENCES Using SPSS Topics addressed today: 1. Differences between groups 2. Graphing Use the s4data.sav file for the first part of this session. DON T FORGET TO RECODE YOUR
More information